Holly Springs Business Park

About the Holly Springs Business Park

Located in the world-renowned Research Triangle region, the Holly Springs Business Park offers prospective businesses as many as 66 acres of shovel ready land.

Adjacent to N.C. 55, this prime property is within three miles of Triangle Expressway for direct access to Raleigh-Durham International Airport and the Research Triangle Park. Both are less than 30 minutes away.
Business Park Brochure

Wake County Shovel Ready Sites have been through a series of rigorous tests and include the following documentation:

Business/industrial use zoning designation

Phase 1 environmental audits

Geotechnical studies

Topographical analysis and maps

Aerial photography

Availability of public utilities

Water system extension engineering design

Sewer system extension engineering design

Industrial quality infrastructure

Engineered site development plans

Detailed analysis of development costs

Complete information on pricing

Boundary survey

Wetlands delineation map

Archeological findings

Rare/endangered plant and/or animal report

100-year flood evaluations

About Foreign Trade Zones

Holly Springs Business Park was granted a Foreign Trade Zone Status on December 30, 2003.

A foreign-trade zone is a designated site licensed by the Foreign-Trade Zones (FTZ) Board at which special customs procedures may be used. These procedures allow domestic activity involving foreign items to take place prior to formal customs entry. Duty-free treatment is accorded items that are re-exported and duty payment is deferred on items sold in the U.S. market, thus offsetting customs advantages available to overseas producers.

If your company is engaged in manufacturing and/or global trade, locating in a Foreign Trade Zone can improve your cash flow and save you money through:

Deferred Duties: You pay no customs duty or excise taxes while your merchandise is kept in the FTZ, and there is no time limit on how long it can stay.

Duty Exemptions on Re-Exports: You pay no customs duty or excise taxes on your product if it is exported from the U.S.

Inverted Tariff Relief: The lower duty applies when you bring foreign merchandise into our FTZs and manufacture a product with a lower duty rate.

Domestic Content Exemption: Duties apply only to foreign content of your product manufactured in the FTZ.

Local Ad Valorem Tax Relief: Foreign merchandise stored in the FTZ is exempt from state and local ad valorem taxes.